Waterfront luxury in the heart of Key Largo, Florida - this newly constructed home combines modern opulence & an unmatched location. Tastefully designed for island living, the property boasts an array of high-end finishes & thoughtfully curated layout. The main level of the home features 4 bedrooms & 4 bathrooms, with a sprawling covered patio and plentiful entertainment space. Upstairs you'll find the primary suite, kitchen, great room & more porch space to embrace the indoor/outdoor Keys living. Relax and entertain in style with a private lap pool & luxurious champagne spa, perfect for unwinding after a day on the water. Your boats are ready to be parked at the newly installed 70FT concrete seawall & dock, making it the ideal spot for boating enthusiasts. Additional highlights to note are the Miele kitchen appliances, 9' impact glass windows & doors, solar panel system, full audio in all rooms & outdoor spaces, CCTV camera security system, outdoor summer kitchen, putting green & more.
New construction
Price cut: $490K (3/24)
$4,990,000
16 S Exuma Rd, Key Largo, FL 33037
5beds
3,786sqft
Est.: Get pre-qualified
Single Family Residence
Built in 2026
8,276 Square Feet Lot
$4,794,200 Zestimate®
$1,318/sqft
$-- HOA
What's special
Outdoor summer kitchenHigh-end finishesGreat roomLuxurious champagne spaPutting greenSprawling covered patioMore porch space
- 129 days |
- 916 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Courtney Conley 305-395-8206,
Serhant Florida LLC - Coconut Grove,
Angel Nicolas 305-336-0916,
Serhant Florida LLC - Coconut Grove
Source: FLKMLS,MLS#: 618259
Originating MLS: Florida Keys
Originating MLS: Florida KeysTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Disposal, Oven, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Wet Bar, Bar, Walk-In Closet(s), Storage, Elevator, Built-in Cabinets, Entrance Foyer
- Doors: Sliding Glass Doors, Impact Rstnce Doors
- Windows: Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 3,786 sqft
Property
Parking
- Parking features: Carport, Covered, Off Street
- Has carport: Yes
Features
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Bar, Storage, Outdoor Kitchen, Lighting, Built-in Barbecue
- Has private pool: Yes
- Pool features: In Ground, Concrete, Lap
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced
- Has view: Yes
- View description: Ocean, Canal
- Has water view: Yes
- Water view: Ocean,Canal
- Waterfront features: Oceanfront, Canal Front, Waterfront, Dock Length: 70
Lot
- Size: 8,276 Square Feet
- Dimensions: 70 x 120
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00539940000000
- Zoning: SF
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Concrete
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA, Buyer to Verify, Cable Connected
Green energy
- Energy generation: Solar Power
Community & HOA
Community
- Security: Security System
- Subdivision: Ocean Isle Estates (106.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $1,318/sqft
- Tax assessed value: $521,466
- Annual tax amount: $4,291
- Date on market: 1/22/2026
Estimated market value
$4,794,200
$4.55M - $5.03M
$7,896/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Price change | $4,990,000-8.9%$1,318/sqft |
Source:  MIAMI #A11950142 Report a problem | ||
| 1/22/2026 | Listed for sale | $5,480,000+13%$1,447/sqft |
Source: MIAMI #A11950142 Report a problem | ||
| 11/26/2025 | Listing removed | $4,850,000$1,281/sqft |
Source:  FLKMLS #615555 Report a problem | ||
| 11/24/2025 | Listed for sale | $4,850,000$1,281/sqft |
Source:  Key West AOR #615555 Report a problem | ||
| 10/4/2025 | Listing removed | $4,850,000$1,281/sqft |
Source: FLKMLS #615555 Report a problem | ||
| 6/24/2025 | Listed for sale | $4,850,000+1112.5%$1,281/sqft |
Source: FLKMLS #615555 Report a problem | ||
| 9/24/2021 | Sold | $400,000-30.4%$106/sqft |
Source: FLKMLS #593015 Report a problem | ||
| 9/14/2021 | Contingent | $575,000$152/sqft |
Source: MIAMI #A10939273 Report a problem | ||
| 8/30/2021 | Pending sale | $575,000$152/sqft |
Source: FLKMLS #593015 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,292 +12.3% | $488,220 +10% |
| 2024 | $3,822 +5% | $443,836 +10% |
| 2023 | $3,639 +17.6% | $403,487 +10% |
| 2022 | $3,093 +183.4% | $366,806 +512.2% |
| 2021 | $1,092 +0.8% | $59,914 +10% |
| 2020 | $1,083 | $54,467 -50% |
| 2019 | $1,083 +18.5% | $108,864 |
| 2018 | $914 | $108,864 +4.9% |
| 2017 | -- | $103,761 -11% |
| 2016 | -- | $116,584 -28.6% |
| 2015 | -- | $163,310 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 13.2 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 27.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Key Largo
- 33037
- 16 S Exuma Rd
Nearby cities
Nearby zip codes
Other Key Largo Topics
